Consider and take action on the minutes of the Sachse Economic Development Corporation meeting for October 12, 2011.
Executive Summary
The minutes of the regular scheduled SEDC Board meeting of October 12, 2011 included as an attachment.

Consideration and action regarding a funding request for a sign project for Social Joe's @ 78 located at 7340 Highway 78, Ste 1400, Sachse, Texas.
Executive Summary
Generally, the SEDC will pay up to $6,000 for a sign project on a case by case basis.

Convene Executive Session pursuant to the provisions of Texas Government Code Section 551.087:
Deliberation regarding economic development negotiations.
Executive Summary
To discuss or deliberate the offer of a financial or other incentive to Amit Rajpara of Social Joe's @ 78.

Consideration and action regarding Collin County Economic Development Chapter 381 Program.
Executive Summary
This is a Collin County Tax Abatement program for 50% for 3 years to encourage the creation and relocation of new businesses in Collin County. To be eligible, a business must employ the equivalent of 5 full time employees, have a taxable value of not less than $100,000 and have timely paid their annual property taxes. The Commissioners Court of Collin County is asking cities to identify a list of business uses that they want to discourage from utilizing this program.

Consideration and action regarding Guidelines and Criteria for Tax Abatement and Economic Development Incentive Program adopted by the City.
Executive Summary
The Tax Abatement Ordinance requires a 2 year review and adoption process.

Consideration and action regarding summary of Sachse Economic Development Corporation (SEDC) Planning Workshop.
Executive Summary
A strategic planning session was held on Saturday, October 22, by the SEDC Board, the City Council and the Planning and Zoning (P&Z) Commission to discuss economic development for Sachse.

Consideration and action regarding Leisure And Recreation Concepts (LARC) update on feasibility study and master plan.
Executive Summary
At the time of listing this agenda item I have not received the update from LARC. They stated they will provide a report by meeting time.